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NEWS

01.06.2017

METER U LIMITED ANNOUNCEMENT

Enserve Group has completed the sale of Meter U Limited to Morrison Data Services Limited.

Meter U has been developed into a successful and market leading business, operating across the UK, serving the entire utility market.

Morrison Data Services is a leading provider of services to the meter reading market in the gas and electricity sector. The acquisition of Meter U provides a strategic platform for further growth and expansion across a sector that in itself is developing, with the introduction of the de-regulated water market in 2017.

Early dialogue with Morrison Data Services highlighted the potential of Meter U as a strategic addition to their organisation and as a Board we view this as the right step for the further development and long term prospects of the Meter U business.

This strategic move is the latest step in the Enserve plan to deliver on our commitment to develop robust  businesses, with compelling market propositions,  operating on  a strong and sustainable footing, positioned with secure long term outlooks.

Mark Perkins

Chief Executive, Enserve Group

May 2017

Meter U Limited Announcement
Enserve Group has completed the sale of Meter U Limited to Morrison Data Services Limited.